Can someone help me with 5 transactions for accounting?

Question

1) sold on account to Maria, merchanidzie worth $1750 plus tax of $87.50. Sales Slip 422
2) Received a check from Marinel High School to apply on account $275, Receipt 535
3) Issued creidt memorandum 113 to Ariana for the return merchandise sold on account $ 150 plus tax $7.50
4)Sold Merchandise on account to GTS Inc $2400 plus $120 in sales tax, Sales slip 423. Credit terms 2/10, n/30
5) Received a check for $1000 from Ariana to apply on account, Receipt 524

Can someone please tell me what accounts are being used & if they are credit/debit?


Sales R&A
Sales Tax Payable
Acc Rec/ person name
Cash in Bank
Sales Discount
Sales
Supplies


Please help me!

Answer 1

Ok, let's see.....

1) Debit: $1750 entered into Accts Receivable for Maria this is added to the total in this account meaning that maria now owes $1750.00 more than she used to.
$87.50 Sales Tax Payable

2) Debit: $275 Accts Receivable Marinel HS Subtracted from total in that Marinel HS now owes less than it used to.

3) CREDIT: $150 credited to Accts Rec. for Ariana. This subtracted from this account, reducing the amount Ariana owes.
Credit (add) $7.50 Sales Tax Payable.

4) Debit: $2400 entered in Accts Rec. for GTS Inc. This is added to the total as GTS now owes more than it used to.

5) Credit $1000 to Accts REc for Ariana. Subtracted, which reduces the amount Ariana now owes.